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( As on 14/08/2025 10:20)

ACCEL L Q1 net profit up 17.48% at Rs 1.21 cr

The company reported standalone net profit of Rs 1.21 crore for the quarter ended June 30, 2025 as compared to Rs 1.03 crore in the same period last year, registering a year-on-year growth of 17.48 per cent.

Net revenue of the company declined marginally by 1.60 per cent at Rs 38.66 crore in April-June quarter of this fiscal as against Rs 39.29 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 0.14 per cent to Rs 35.57 crore from Rs 35.62 crore in year ago period.

Other Income grew by 121.52 per cent at Rs 1.75 crore versus (Jun'24 Rs 0.79 crore).

Operating Profit slipped by 15.80 per cent to Rs 3.09 crore as against Rs 3.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.55 per cent in June quarter.

Interest declined by 6.40 per cent y-o-y to Rs 1.61 crore, while Taxation increased by 36.67 per cent at Rs 0.41 crore (Jun'24 Rs 0.30 crore).